Multiple Choice
If the utility function (U) between food (F) and clothing (C) can be represented as U = ,the marginal rate of substitution of clothing for food equals
A) -C/F.
B) -F/C.
C) - .
D) - .
Correct Answer:

Verified
Correct Answer:
Verified
Q43: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6808/.jpg" alt=" -Joe's indifference map
Q44: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6808/.jpg" alt=" -Keith is indifferent
Q45: Behavioral economists have discovered that<br>A) transitivity of
Q46: The marginal rate of transformation of y
Q47: Lisa consumes only pizzas (P)and burritos (B).Her
Q49: Indifference curves that are thick violate<br>A) the
Q50: If Fred's marginal rate of substitution of
Q51: Assuming that good "x" is measured on
Q52: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6808/.jpg" alt=" -Max has allocated
Q53: The assumption of completeness means that<br>A) the